OSRAM Licht (OSR) PT Set at €83.00 by Berenberg Bank

OSRAM Licht (FRA:OSR) has been assigned a €83.00 ($98.81) price objective by stock analysts at Berenberg Bank in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 16.47% from the company’s previous close.

A number of other brokerages also recently weighed in on OSR. UBS set a €86.00 ($102.38) price objective on OSRAM Licht and gave the company a “buy” rating in a research note on Wednesday, November 29th. Baader Bank set a €78.00 ($92.86) price target on OSRAM Licht and gave the stock a “buy” rating in a research report on Friday, November 24th. Barclays set a €100.00 ($119.05) price target on OSRAM Licht and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Independent Research set a €71.00 ($84.52) price target on OSRAM Licht and gave the stock a “neutral” rating in a research report on Thursday, November 30th. Finally, Nord/LB set a €70.00 ($83.33) price target on OSRAM Licht and gave the stock a “neutral” rating in a research report on Tuesday, November 21st. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company’s stock. OSRAM Licht has an average rating of “Buy” and an average price target of €76.28 ($90.81).

Shares of OSRAM Licht (FRA OSR) opened at €71.26 ($84.83) on Wednesday. OSRAM Licht has a fifty-two week low of €47.00 ($55.95) and a fifty-two week high of €73.41 ($87.39).

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OSRAM Licht Company Profile

OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.